BeInCrypto·Oct 16, 2026, 1:05 PM UTC

Japan’s Megabanks Finish Yen Stablecoin Pilot and Eye Real Transactions

4 outlets reporting

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Japan’s three megabanks, Mizuho, MUFG and SMBC, announced on October 16 that they completed a joint yen stablecoin pilot for cross-border payments, conducted in July. The test points to a new model for bank-issued digital money, with real…

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Crypto Briefing ↗
Japan’s megabank trio completes joint stablecoin payment test
U.Today ↗
Japan Megabanks Test First Joint Yen Stablecoin: Where Does XRP Fit?
The Defiant ↗
Mizuho, MUFG and SMBC Complete Joint Yen Stablecoin Pilot

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Japan’s Megabanks Finish Yen Stablecoin Pilot and Eye Real Transactions

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